[NEW YORK] JPMorgan Chase & Co is staking its consumer-banking strategy on digital technology. In 2020, that push will be spearheaded by a new team of executives.

NETHERLANDS-BASED digital banking software provider Backbase has opened its Asia-Pacific headquarters in Singapore, it said on Tuesday.

TOPLINE

FINANCIAL house PhillipCapital wants to wade deeper into the small- and medium-sized enterprise (SME) space from its current largely retail clientele through its application for a wholesale bank...

DIGITAL BANKS

CHINA tech firms are circling Singapore's banking sector, with top names having joined the race for digital wholesale bank licences here.

THE BROAD VIEW

GOOGLE already has a valuable stash of your digital data. Now it wants your cash, too.

DIGITAL bank hopeful iFast Corporation posted a 5.5 per cent drop in net profit to S$2.5 million for its third quarter ended Sept 30, from S$2.6 million a year ago.

HOCK LOCK SIEW

SINGTEL and OCBC Bank - two blue chips that are no strangers to each other - moved on Monday to link their digital wallet platforms.

THE advent of digital banking in Singapore means the banking sector is now thrown open to non-traditional finance players. Among those said to be interested in making a play are Singtel and Grab,...

JES Staley is turning away from his ambition to build a Barclays Plc-branded digital consumer bank in the US.

STARTUPS

FOR the next stage of its evolution, consumer-focused remittance startup InstaReM is going after the potentially lucrative small and medium enterprise (SME) market.